Is Damascus Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Damascus Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Damascus Township has remained a Seller's Market.

Key Takeaway

Damascus Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Damascus Township, OH

How much do homes in Damascus Township, OH cost?

Median Sold Price

$185,500

$131/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$349,500(-65.3%)

Key Takeaway

Homes in Damascus Township have sold for 65.3% less than they did a month ago.

Summary: The median home sold price in Damascus Township was $185,500 in April 2024, down 65.3% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$185.5K
N/A
4 --
N/A
5+ $535K-
N/A

Summary: Damascus Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Damascus Township, OH

How many homes are available in Damascus Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The Damascus Township real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 01
+100.0%
5+ 10
-100.0%

Summary: The Damascus Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Damascus Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Damascus Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Damascus Township, OH

How long does it take to sell a home in Damascus Township, OH?

Average Sale Time

Mar 2024Apr 2024CHANGE
50 Days64 Days+28.0%

Summary: Homes in Damascus Township had an average of 64 days on market in Apr 2024, up by 28% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Damascus Township has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Damascus Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Damascus Township, OH

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